General Trading Chat

[manishchan]

Do we have some good material on trading on a 30 min tf (price action only) anywhere on tj or any good read....

price action trading would remain same irrespective of the TF. Would be interested to know if you have any current PA strategies that you are unable to apply on 30 min TF..

 

[TraderRavi]

Do you want a fall
Must remain above 18175 for bullish mode

going with trend , trend is down , see nifty falling falling :lol:

 

[Riskyman]

1st may markets open or close???

Closed on 01-May-2015 Friday Maharashtra Day

 

[jain.er]

price action trading would remain same irrespective of the TF. Would be interested to know if you have any current PA strategies that you are unable to apply on 30 min TF..

My stop losses hit quite frequently. I am using a mix of ytc and nifty nirvana. Post my SL hits my stocks invariably move higher....so I am confused are the SL too Small or my entries are wrong...

 

[timepass]

BNF resisting fall

Do you want a fall
Must remain above 18175 for bullish mode

BNF.. 3ema is around 18160-170.. not touched so far.

 

[RAAMAKANT]

BNF resisting fall

Reason.........

 

[systrader]

going with trend , trend is down , see nifty falling falling :lol:

Its only Nifty falling falling and not BankNifty
NS can touch even lower, possible 8210/00 around
Just a wild guess
Forming LL. HL

 

[RAAMAKANT]

My stop losses hit quite frequently. I am using a mix of ytc and nifty nirvana. Post my SL hits my stocks invariably move higher....so I am confused are the SL too Small or my entries are wrong...

This may be because of early entry in anticipation.........

 

[manishchan]

My stop losses hit quite frequently. I am using a mix of ytc and nifty nirvana. Post my SL hits my stocks invariably move higher....so I am confused are the SL too Small or my entries are wrong...

nifty nirvana has tooo many DP to suit 30 min and 30 min should be done for swing only so you might need to adjust the DP and do some backtesting.

for SL in swing, you hv to keep some 5-10 points filter in nifty.

Do post some chart where you took entry and SL got it... I'm sure you will get many good ideas from many ppl here.

 

[systrader]

BNF.. 3ema is around 18160-170.. not touched so far.

Then touch and move up will be okay
But touch and stay there or move below wont be good for bulls